PrairieSky buying chunk of CNRL royalty holdings for $1.8B

CNRL deal adds 5.4 million acres to PrairieSky portfolio CALGARY _Canadian Natural Resources Ltd. (TSX:CNQ) is selling most of its royalty land holdings to PrairieSky Royalty Ltd. (TSX:PSK) for $1.8 billion in stock and cash as it looks to strengthen its balance sheet in the face of low oil prices. The friendly deal would see […]

PrairieSky buying chunk of CNRL royalty holdings for $1.8B Read More ยป